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the belgian economy only managed to stagnate. the services sector in the eurozone only managed to slow down its contraction. the transport companies, trade companies, and other companies of the services sector are far from being able to report a change of trend to the positive. no wonder that the stock market in frankfurt did not really get into gear this wednesday. an exception was made by these stocks -- the stocks of nokia. it announced an exclusive deal with china mobile, the world's largest mobile-phone services provider. they have more than 700 million subscribers. >> let's take a quick look at some market numbers. the dax ended the day at about -- up about 1/4 of 1%. euro stoxx 50 closed just a a tad up. -- just a tad up. the dow jones is at 13,076. the euro is trading at 1.3079. >> un generate -- un secretary general ban ki-moon is calling on nations to come to an agreement about how to stop global warming. he made those comments at the climate talks in qatar. and he is trying to break a deadlock between the countries who
the belgian economy only managed to stagnate. the services sector in the eurozone only managed to slow down its contraction. the transport companies, trade companies, and other companies of the services sector are far from being able to report a change of trend to the positive. no wonder that the stock market in frankfurt did not really get into gear this wednesday. an exception was made by these stocks -- the stocks of nokia. it announced an exclusive deal with china mobile, the world's...
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Dec 6, 2012
12/12
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they say the number will not go back up any time soon because of our declining economy. >>> the dutches was released from a london hospital. this is new video of her lifing with prince william. the palace reports she is pregnant with their first child and is less than 12 weeks pregnant. the hospital is apologizing after getting tricked into diverging -- divulging her condition. they called the hospital pretending to be the queen and prince charles. the dutches nurse divulged her condition and sleeping pattern. >>> ahmed wali karzai has made harsh criticisms about the united states and that story is coming up this morning. >>> and john macphee could be released after entering you' all mall illegal -- guatemala illegally. he said he left belize to escape police persecution. >>> a man pushing another man to his death has been arraigned. he was taken to custody on tuesday. they caught the confrontation on tape monday. davis reportedly told the police, the victim would not leave me alone so i pushed him. >>> narcotics will face a minimum of 10 years in prison when he is sentenced. he was acc
they say the number will not go back up any time soon because of our declining economy. >>> the dutches was released from a london hospital. this is new video of her lifing with prince william. the palace reports she is pregnant with their first child and is less than 12 weeks pregnant. the hospital is apologizing after getting tricked into diverging -- divulging her condition. they called the hospital pretending to be the queen and prince charles. the dutches nurse divulged her...
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find out what's really happening to the global economy with mike's cause or for a no holds barred look at the global financial headlines tune into a report. on my. use of the some of the specifics of. what is politics want to blame for the institutional corruption the endless wars in the burgeoning homelessness what if rather these are all. just symptoms born out of an outdated social structure that's the revolutionary idea behind the explosives documentary trilogy since the first movies released in two thousand and seven these documentaries have been translated into forty different languages and been seen by hundreds of millions of people around the world but the ideas brought forth by the documentaries quickly transcended film and spawn the movement a global sustainability advocacy organization that's revolutionizing the way people think and act and now the filmmaker will be reenergizing the movement with yet another series titled inner reflections here to talk about the culture in decline this movement and where there may be a glimmer of hope and dream of the filmmaker himself peter
find out what's really happening to the global economy with mike's cause or for a no holds barred look at the global financial headlines tune into a report. on my. use of the some of the specifics of. what is politics want to blame for the institutional corruption the endless wars in the burgeoning homelessness what if rather these are all. just symptoms born out of an outdated social structure that's the revolutionary idea behind the explosives documentary trilogy since the first movies...
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oppressive regime are planning to march on the presidential palace and choose day meanwhile egypt's economy is deteriorating as economist explained to r.t. tom barton in cairo. with protests continuing around the clock both for and against a gyptian president mohamed morsi the country sick. komi is facing increasing troubles with me to discuss this is very the time lapse an economist here in congress had a thank you for joining me think first of all tell us briefly what was really going on when the stock market pull on which to over a week on hearing most is announcement in the next decade the shins are still small school shopping days it even coalesce around the turn first thing down this isn't mutual have and this is the last is most of the funny outgoing he comes i am after we are going to take on food for the billionaire how would you compare egypt's economy now to walsh from the. father stages that a company was somewhat steve leung that mubarak. was sixty five on six at sinful bank now we'll still down fifteen point five billion dollars and this is a huge cut that with his own hand in
oppressive regime are planning to march on the presidential palace and choose day meanwhile egypt's economy is deteriorating as economist explained to r.t. tom barton in cairo. with protests continuing around the clock both for and against a gyptian president mohamed morsi the country sick. komi is facing increasing troubles with me to discuss this is very the time lapse an economist here in congress had a thank you for joining me think first of all tell us briefly what was really going on when...
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find out what's really happening to the global economy. for a no holds barred look at the global financial headlines to kaiser report. hello and welcome to crossfire computable dealing with an ever thirsty world media is fond of the dramatic term water wars when it comes to describing the future management of global water resources i wonder valued is water today and how dear will it become as countries around the world go dry. and. to talk about what some call the possibility of future water wars i'm joined by tony allen in london he is a professor of geography at the school of oriental and african studies and author of the recent book the middle east water question hydro politics and the global economy also in london we have donnish mustafa he is a reader in politics and environment at king's college london and in washington we cross to michael goodwin and he is a south asia associate at the woodrow wilson international center for scholars all right gentlemen crosstalk rules in effect that means you can jump in any time one twenty five go
find out what's really happening to the global economy. for a no holds barred look at the global financial headlines to kaiser report. hello and welcome to crossfire computable dealing with an ever thirsty world media is fond of the dramatic term water wars when it comes to describing the future management of global water resources i wonder valued is water today and how dear will it become as countries around the world go dry. and. to talk about what some call the possibility of future water...
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Dec 6, 2012
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also throw into the mix the economy there. the economy in egypt is suffering terribly. today alone the stock market is down another 4.6%. the egyptian currency is at an eight-year low. those factors may be contributing to why at least now the egyptian president has decided to speak out. we will have to wait and see if there is any compromise in the works. >> we shall see. david lee miller live in our newsroom. i can tell you what happened so far in this speech. the egyptian president said among other things that the will of the people cannot be expressed boo i angry crowds in the street. but in fact the polls indicate and the word from the people is that's exactly what is happening. the egyptian president mohamed morsi from the muslim brotherhood is speaking live on egyptian television. should anything of significance come out of it we will bring it to you. >>> the software tycoon wanted in the murder of a neighbor has asked for asylum, but instead he is in jail. it has not stopped him from blogging about his adventures. the latest from john mcafee of mcafee software fa
also throw into the mix the economy there. the economy in egypt is suffering terribly. today alone the stock market is down another 4.6%. the egyptian currency is at an eight-year low. those factors may be contributing to why at least now the egyptian president has decided to speak out. we will have to wait and see if there is any compromise in the works. >> we shall see. david lee miller live in our newsroom. i can tell you what happened so far in this speech. the egyptian president said...
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meanwhile egypt's economy is deteriorating as economists feed it explains to tom barton in congress. with protests continuing a round the clock both for and against a gyptian president mohamed morsi the country's economy is facing increasing troubles with me to discuss this is very time lapse an economist here in cairo that is thank you for joining me think first of all tell us briefly what was really going on when the stock market pull on which to over a week on hearing mosts announcement in the next week to the shins us the small school shopping days it even coalesce around to turn this thing down this isn't mutual have and this is loss is most of the funny outgoing he comes i am after we are going to take on full find the billionaire how would you compare egypt's economy now to walsh from the. father the economy was somewhat the boom that mubarak deserved this was sixty five for instance at central bank now will still down fifteen point five billion dollars and this is a huge cut that would result and it affects the impulse on the top it affects investors no one will come to inves
meanwhile egypt's economy is deteriorating as economists feed it explains to tom barton in congress. with protests continuing a round the clock both for and against a gyptian president mohamed morsi the country's economy is facing increasing troubles with me to discuss this is very time lapse an economist here in cairo that is thank you for joining me think first of all tell us briefly what was really going on when the stock market pull on which to over a week on hearing mosts announcement in...
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economy still muddling along since the two thousand and eight crisis with the low level of i.p.o. volume since the dot com bubble burst low business investment low were record budget deficits from the government and high unemployment do we actually need a bubble not a case i would make but a very smart gentlemen is here to tell us why they can sometimes be good joining me from our new york studio is dr william janeway he's senior advisor for warburg pincus technology and author of the book doing capitalism in the innovation economy markets speculation and this dave thank you so much for being on the show very good to be here we're going to have you because you have said and i would definitely agree that bubbles have received bad press whether we're talking about the two live bubble in the sixteen hundreds or whether we're talking about the real estate bubble ahead of two thousand and eight but in some instances you say bubbles can be good why can bubbles be good and what kind of a bubble would we need or might we need now. well the first thing as you've said is that bubbles are bo
economy still muddling along since the two thousand and eight crisis with the low level of i.p.o. volume since the dot com bubble burst low business investment low were record budget deficits from the government and high unemployment do we actually need a bubble not a case i would make but a very smart gentlemen is here to tell us why they can sometimes be good joining me from our new york studio is dr william janeway he's senior advisor for warburg pincus technology and author of the book...
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the largest transaction in europe and the sector economy here. and we've touched upon him in a tearing issue is the practical work of the. public forum is about to start tearing questions include. and science i talked about the nuclear project i'd like you to know is that over one hundred students from turkey are studying in the corresponding jobs in russia. actually of this project is implemented and it is happening we're going to the plan that is going to happening so far then turkey will build a new competence level high technology competence level and i'm turris and of course mr prime minister has are just spoken about it's three point. russian tourists per year and this year will be even more terrorists which is a sign of trust to word the turkish republic towards the turkish authorities and a sign of stimulating your country. which is called voting by feet in the us meaning of this word russian turkey our neighboring countries we have a lot in common but sometimes we have dramatic pages of our history very important that we respect our lega
the largest transaction in europe and the sector economy here. and we've touched upon him in a tearing issue is the practical work of the. public forum is about to start tearing questions include. and science i talked about the nuclear project i'd like you to know is that over one hundred students from turkey are studying in the corresponding jobs in russia. actually of this project is implemented and it is happening we're going to the plan that is going to happening so far then turkey will...
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at the bottom of the economy with some much steve leung that mubarak. was sixty five feet at central bank now we know still down fifteen point five billion dollars and this is a huge i thought well deserved and in fact the impulse and this is the first investor. no one will come to invest anything any here in egypt due to these he is the first of six took. on a loan to unemployment food to do is to add the us only also six to sunni odd and if you could see it you would. build this continues to be all over egypt this would affect also if jews of egypt business would be shocked at our feet now we are divided between two parts that is a pole is a political force in one hand and muslim who'd been us all hands whom we all in the body of the six was better thank you it seems that the egyptian people don't agree on much these days one of the few things they do agree on is that egypt's economy needs to get back on the right track and as soon as possible. they're now getting at britain's unemployed into jobs it's proving to be a costly failure only three quarter
at the bottom of the economy with some much steve leung that mubarak. was sixty five feet at central bank now we know still down fifteen point five billion dollars and this is a huge i thought well deserved and in fact the impulse and this is the first investor. no one will come to invest anything any here in egypt due to these he is the first of six took. on a loan to unemployment food to do is to add the us only also six to sunni odd and if you could see it you would. build this continues to...
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hurt the economy more than necessary and. the last thing that you should do in times of economic weakness is to comic spending at such a fast rate because when consumers aren't spending because that. column when business is the hoarding cash it's actually the government that has that has to spend to get growth going and if you don't have growth then you weren't reduce your definitely doing that george five billion pounds on building projects been in the. planning to spend billions on infrastructure projects including road rail and cheap expansion that's what he's doing isn't it creating growth that yes i thought that was welcome but five billion it's pretty small bear i'm afraid the government. has not really come out with i would say the growth strategy that's that's needed and i think that the institute for fiscal studies has estimated that that five billion will increase. maybe buy point two percent say yeah so this states one person's already suffered a double dip recession i'm afraid much more is required to get the kind
hurt the economy more than necessary and. the last thing that you should do in times of economic weakness is to comic spending at such a fast rate because when consumers aren't spending because that. column when business is the hoarding cash it's actually the government that has that has to spend to get growth going and if you don't have growth then you weren't reduce your definitely doing that george five billion pounds on building projects been in the. planning to spend billions on...
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how would you compare egypt's economy now. at the bottom of the economy with some lots more but at least thirty five thousand feet that sinful bank now we know still down fifteen point five billion dollars and this is a huge part of what is known and the back seat impulse and. it affects investors no one will come to invest anything in here in egypt to do usually is. secure. a loan to unemployment is going to add also sick too soon we are going to feel sick she was. killed this continues to be only egypt this will affect all safe to say egypt and business will be shut off now we are divided. so it isn't quite as a political force in one hand and muslim brotherhood in as of hand. thirty six really gratifying to you it seems that the egyptian people don't agree on much these days one of the few things they do agree on is that egypt's economy needs to get back on the right track and as soon as possible. and they're well of intentions as turkey is scrambling fighter jets to its border of the syrian warplanes bombed rebel positions
how would you compare egypt's economy now. at the bottom of the economy with some lots more but at least thirty five thousand feet that sinful bank now we know still down fifteen point five billion dollars and this is a huge part of what is known and the back seat impulse and. it affects investors no one will come to invest anything in here in egypt to do usually is. secure. a loan to unemployment is going to add also sick too soon we are going to feel sick she was. killed this continues to be...
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find out what's really happening to the global economy with max concert for a no holds barred look at the global financial headlines tune in to the report on our. world. series technology innovation all the developments around russia we've got the future covered. about totty now the e.u. doesn't deserve its a nobel peace price that's according to several former winners soon open letter to the foundation demanding the twenty seven nation be stripped of the award let's see sara for. in that letter they said that the twenty seven nation blocks getting this award contradicts the valley's safety ated with the pricing what they want to see happening is the one point two million dollar prize money not be awarded this year and they also said that the clearly not one of the champions of peace a consensus here amongst the signature even indeed among many many people when this award was announced this year was that really the awarding of the prize the european union not in the keeping of the spirit of the nobel peace prize the prize was awarded at a time when the e.u. is they think the biggest c
find out what's really happening to the global economy with max concert for a no holds barred look at the global financial headlines tune in to the report on our. world. series technology innovation all the developments around russia we've got the future covered. about totty now the e.u. doesn't deserve its a nobel peace price that's according to several former winners soon open letter to the foundation demanding the twenty seven nation be stripped of the award let's see sara for. in that...
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now have a look at what the figures show us and it is actually that the economy set to shrink by the end of twenty twelve by about nor point one percent now it's a small amount but of course new sides of that all important growth in fact what we saw is the borrowing is up is that the debt is rising and not falling and that what will set the scene now is more cuts in spending more cuts to the welfare and that's that's really important millions of families all across britain in real terms now very importantly one of the crucial bits of that statement is that we've seen the government have missed that debt reduction target that they set themselves and we're now facing and also there is the program that's been extended left going to take us away to twenty eight hundred so incredibly bad knees certainly the chancellor trying to paint it as a sort of economic situation that said to continue looking pretty bleak but importantly he was trying to couch it in terms that he was say hey look it's despite our policies and not because of our policies and of course that's something that many of the
now have a look at what the figures show us and it is actually that the economy set to shrink by the end of twenty twelve by about nor point one percent now it's a small amount but of course new sides of that all important growth in fact what we saw is the borrowing is up is that the debt is rising and not falling and that what will set the scene now is more cuts in spending more cuts to the welfare and that's that's really important millions of families all across britain in real terms now...
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find out what's really happening to the global economy with mike's concert for a no holds barred look at the global financial headlines kaiser reports on. the world with. its technology innovation all the developments around russia. the future covered. groups and footage of the most part of showing syrian rebels executing loyalists what the victims pleaded for their lives and some of the images you're about to see extremely graphic one of the government is referencing an al qaeda linked group behind several terrorist attacks in syria the rebels are claiming new advances in their drive towards the capital. talked news analyst pattern heading for the last in london. although they said latest video we saw a bit of it on the screens there can't be fully verified if it is genuine how might it affect the a western backing of opposition fighters will it change anything no it won't change anything at all. in fact i believe the. leaders of our western countries particularly nato countries or encouraging it. the syrian terrorist rebels guerrillas whatever you want to call them to really acceler
find out what's really happening to the global economy with mike's concert for a no holds barred look at the global financial headlines kaiser reports on. the world with. its technology innovation all the developments around russia. the future covered. groups and footage of the most part of showing syrian rebels executing loyalists what the victims pleaded for their lives and some of the images you're about to see extremely graphic one of the government is referencing an al qaeda linked group...
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economy is going to shrink by not point one percent by the end is twenty twelve now it sounds like a small amount but of course no sign of that all important in fact what we're seeing is that borrowing has gone up we think that the debt has risen and fallen and most crucially i think is probably the fact that the government have missed the reduction target so we're now facing an extended austerity program this game say it's right the way to twenty eighteenth's a pretty gloomy outlook and this is what we were a. bit of course that's going to really not be what millions of families all across the again to one thing here and because this is really going to bring in real terms now to speak to us more about this horse and statement by the chinese that today i'm joined by a labor m.p. and the public i said a public health minister thank you for joining us so the british economy is slowly healing according to chancellor george osborne what was your reaction to well i thought that was a very silly statement the truth is every prophecy every target of. he has failed he has not met his targets
economy is going to shrink by not point one percent by the end is twenty twelve now it sounds like a small amount but of course no sign of that all important in fact what we're seeing is that borrowing has gone up we think that the debt has risen and fallen and most crucially i think is probably the fact that the government have missed the reduction target so we're now facing an extended austerity program this game say it's right the way to twenty eighteenth's a pretty gloomy outlook and this...
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to the greek economy not to mystic statements that make the opposition i mentioned the social democrats they're saying that they need to. restructuring for greece will have to wait until after the general election takes place here so with the chancellor of the election starting to come into view on. being politically embarrassed by having to go back on a promise she's made it's all stone to be a very interesting debate when german politicians discuss the latest financial aid package for greece it all reporting there next hour max kaiser and state her work to expose bank looters damaging economies all the way from africa to. congo rebels around central banking goma they're looting the bank a un source said later another un source denied that there had been money in the bags insisting they were full of being a lot of the central banks are collateralized by beans that's similar to the bank of england mark carney is going to be arriving to the bank of england in a few short months and else find that in the vaults bags. and some of boris johnson's links but other than that there's nothing to
to the greek economy not to mystic statements that make the opposition i mentioned the social democrats they're saying that they need to. restructuring for greece will have to wait until after the general election takes place here so with the chancellor of the election starting to come into view on. being politically embarrassed by having to go back on a promise she's made it's all stone to be a very interesting debate when german politicians discuss the latest financial aid package for greece...
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here watching our team one area of america's economy or just thriving is its prisons they're packed to the rafters with criminals who make up a very lucrative and cheap labor pools as artie's ganesh and you can experience businessmen spend millions to keep it that way. in the us the market for cheap labor is booming behind bars in the last fifteen years partnership between prisons and private manufacturers has increased significantly there are becoming america's very own chinese style manufacturing line behind prison walls prisons in fact advertise themselves as such as an alternative to outsourcing cheap labor to china or elsewhere on the web we came across this pitch that prisons prepared to persuade private sector companies to come and do business with them take a look. there is not enough folks that will do this type of work in this country so therefore we're bringing bringing back this industry that is actually has been going out of this country and we're putting it you know inside the laws and it's absolutely a perfect idea. of a workforce that is not the kind of problems are bab
here watching our team one area of america's economy or just thriving is its prisons they're packed to the rafters with criminals who make up a very lucrative and cheap labor pools as artie's ganesh and you can experience businessmen spend millions to keep it that way. in the us the market for cheap labor is booming behind bars in the last fifteen years partnership between prisons and private manufacturers has increased significantly there are becoming america's very own chinese style...
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assad fighters using chemical weapons that's the view of middle east expert a tough economy. i don't see the the us or the regime style is the style that will likely use the chemical weapons against his people and how how over when it comes to the jihadists attacking him. in the last moments you never know what can happen again you have this what is important to mention a vital issue here that the jihadists are even more dangerous if we got these chemical weapons in their head so if you're told that the regime may use this chemical weapons of possibility that the jihadist will use it again with their opponents will be much much more the jihadists have no problem to behead people alive you deal with people like bin ladin and the radicals of al qaida who have no his e.t.a. shion to use any form of work pond to really like control any place. religious believes in ideology. and there's unverified evidence suggesting that anti arson forces may actually be seeking to launch a chemical attack and there are a minority dot com we have a video where an alleged rebel fighter uses a dave
assad fighters using chemical weapons that's the view of middle east expert a tough economy. i don't see the the us or the regime style is the style that will likely use the chemical weapons against his people and how how over when it comes to the jihadists attacking him. in the last moments you never know what can happen again you have this what is important to mention a vital issue here that the jihadists are even more dangerous if we got these chemical weapons in their head so if you're told...
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twenty sixteen where it should be back on its feet almost considering the current state of the greek economy not an optimistic statement to make the opposition i mentioned the social democrats they're saying that any to perish on debt restructuring for greece will have to wait until after the general election takes place here in germany so with the chancellor of the election starting to come into view and. a century being politically embarrassed by having to go back on a promise she's made all stern to be a very interesting to pay when german politicians discuss the latest financial aid package for greece. for more international news after the short break. a lovely quiet morning a family gently sleeps in district heights maryland when fifty armed f.b.i. agents storm the house and guns drawn despite the family pleading that they were unarmed the law enforcement agents opened fire on a weaponless teenager my asian huli thankfully sholay suffered minor flesh wounds but the key issue is that it remains unknown as to why the house was stormed so here in america for no reason guys in black uniform
twenty sixteen where it should be back on its feet almost considering the current state of the greek economy not an optimistic statement to make the opposition i mentioned the social democrats they're saying that any to perish on debt restructuring for greece will have to wait until after the general election takes place here in germany so with the chancellor of the election starting to come into view and. a century being politically embarrassed by having to go back on a promise she's made all...
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find out what's really happening to the global economy with max cons or for a no holds barred look at the global financial headlines tune into kinds a report on our. kid was not the military as army announced today it signed a new contract with a unit of the huge contracting power it was not the operation to secure and rebuild the devastated country company taxpayers for its contract work in iraq. it was the campaign for making billions of dollars polymer it's odd reasonable and honest supported bills exceed one billion dollars iraq for sale. war profiteers. parents versus social workers docu nabby and now. that many children have become prizes to find full one is the long threatened families of the social fabric to see more female they have right of willful minimal faith in . but they have any kind of suspicion about. will be for food or for your children are also just better at bringing up kids than their own mom and dad. from what we haven't seen just to. concentrate to pull. out the footrace true. which bright if you move. from phones to pressure. whose friends don't talk t.v. don
find out what's really happening to the global economy with max cons or for a no holds barred look at the global financial headlines tune into kinds a report on our. kid was not the military as army announced today it signed a new contract with a unit of the huge contracting power it was not the operation to secure and rebuild the devastated country company taxpayers for its contract work in iraq. it was the campaign for making billions of dollars polymer it's odd reasonable and honest...
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having martin so president obama had a meeting today with various governors to discuss ways to keep the economy growing but perhaps we should have just consulted with the white house petitions page because so far over fifteen hundred have signed what they see as this country's best economic stimulus plan construction of a death star yes the fictional space station and super weapon from star wars capable planetary destruction with its super laser is exactly what the american empire needs so come on and let's break the set. despite so many diet fad that sweeps across this country every year obesity plagues thirty percent of americans and you can blame it on the fast food industry or lack of exercise but have you ever considered that diet foods themselves might be part of the problem so let me explain the most prevalent artificial sugar on the market is aspartame which is also recognizes nutrasweet or aspartame is in over six thousand products including almost all diet sodas chewing gum frozen desserts yogurt and even vitamins and cough drops but the f.d.a. approved it so it must be safe right bec
having martin so president obama had a meeting today with various governors to discuss ways to keep the economy growing but perhaps we should have just consulted with the white house petitions page because so far over fifteen hundred have signed what they see as this country's best economic stimulus plan construction of a death star yes the fictional space station and super weapon from star wars capable planetary destruction with its super laser is exactly what the american empire needs so come...
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Dec 4, 2012
12/12
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CNBC
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do you expect the economy to go over the fiscal cliff? what kind of reaction might we see in the market if that were to materialize? >> well, if we saw the market sell off in a big way, i don't think anybody believes we're going to go over the fiscal cliff. there will be some sort of resolution. they'll come up with some tax cuts, some breaks in spending, and probably kick the can down the road on a lot of it. i love the way this market is acting. it's not selling off with all the bad news, all the bickering, all the bad words on each side. you've got to love the way that this market is holding up here. doesn't mean investors need to be carefree, but overall, it looks like the market is setting up with a lot of negative sentiment out there. looks like there's a lot of opportunity for a big run higher once we get some form of resolution. i really believe we're going to get it. >> you think by year end? >> i really do. i think they want to go home for christmas. they're not going to want to not go home for christmas. you can always count on
do you expect the economy to go over the fiscal cliff? what kind of reaction might we see in the market if that were to materialize? >> well, if we saw the market sell off in a big way, i don't think anybody believes we're going to go over the fiscal cliff. there will be some sort of resolution. they'll come up with some tax cuts, some breaks in spending, and probably kick the can down the road on a lot of it. i love the way this market is acting. it's not selling off with all the bad...
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find out what's really happening to the global economy with mike's concert for a no holds barred look at the global financial headlines tune into cons a report on our. then welcome back your life from moscow with r.t. . crew some of footage has emerged apparently showing syrian rebels executing loyalists while their victims pleaded for their lives now quick warning some of the images you're about to see are graphic one of the gunmen is heard referencing an al qaeda linked group behind several terrorist attacks in the country this comes as the opposition fighters claim new advances in their drive towards the capital damascus in the meantime authorities say they have restored all internet and phone services after a two day nationwide communications blackout news analyst pat for coming said says the information blockade benefits those backing the rebel militias we have a massive problem again with syrian we've had this problem from the beginning which is the skewing of information coming out of the country the syrian observatory for human rights was responsible for a lot of the initial b
find out what's really happening to the global economy with mike's concert for a no holds barred look at the global financial headlines tune into cons a report on our. then welcome back your life from moscow with r.t. . crew some of footage has emerged apparently showing syrian rebels executing loyalists while their victims pleaded for their lives now quick warning some of the images you're about to see are graphic one of the gunmen is heard referencing an al qaeda linked group behind several...
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people so that we don't see taxes go up on anybody so that we can engage in tax reform and get this economy going, again. >> democratic senator max baucus says congressional leaders and the president need to get to work on negotiations right now before the u.s. enters unchartered waters. >> i think if there's no agreement, whatsoever, if the other side is completely that the president has probably no choice but to say, okay, we're going to go with a cliff. that would not be my first preference. >> should that happen, should we go over that so-called fiscal cliff republican congressman lee terry thinks there could be an alterier motive on the part of the president. >> many of us fear that the president's real plan here was to let us go over the cliff and blame the republicans and that's what we look like we're being set up to do. and then if you go over the cliff, then two months later, a month later, the president can come back with a bill and say, hey, we're going to now since the republicans let everyone's taxes go up, i'm going to ride in here now and be the night and shining armor and l
people so that we don't see taxes go up on anybody so that we can engage in tax reform and get this economy going, again. >> democratic senator max baucus says congressional leaders and the president need to get to work on negotiations right now before the u.s. enters unchartered waters. >> i think if there's no agreement, whatsoever, if the other side is completely that the president has probably no choice but to say, okay, we're going to go with a cliff. that would not be my first...
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twenty sixteen where it should be back on its feet almost considering the current state of the greek economy not an optimistic statement to make the opposition i mentioned the social democrats they're saying that any debate on debt restructuring for greece will have to wait until after the general election takes place here in germany so with the shadow of the election starting to come into view and do a merkel essentially being politically embarrassed by having to go back on a promise she's made all stony be a very interesting debate when german politicians discuss the latest financial aid package for greece. and coming up at sixteen thirty g.m.t. max keiser and stacy herbert see similarities between the central banks of congo and britain speculating on just what is filling their vaults. comparable surround central banking goma. they're looting the bank a u.n. source said later another u.n. source denied that there had been money in the bags insisting they were full of being a lot of the central banks are collateralized by beans that's similar to the bank of england mark carney is going to b
twenty sixteen where it should be back on its feet almost considering the current state of the greek economy not an optimistic statement to make the opposition i mentioned the social democrats they're saying that any debate on debt restructuring for greece will have to wait until after the general election takes place here in germany so with the shadow of the election starting to come into view and do a merkel essentially being politically embarrassed by having to go back on a promise she's...
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economy could experience a severe shock. that is if leaders in washington can't come up with a budget deal. scares of automatic spending cuts and tax increases could take effect january 1st. democrats moved by president obama and congressional republicans signaled they are willing to compromise on changing tax rates and spending reductions but the negotiations are moving very, very slowly. susan mcginnis is in washington with the latest. susan, good morning to you. >> reporter: good morning. the president is sending his top two negotiators to talk with lawmakers today about possible spending cuts. he's also getting ready to take his fiscal cliff message on the road. he'll try to convince the american people the best way to avoid the fiscal cliff is to extend the bush era tax cuts for the middle class. >> it's too important for washington to screw this up. >> reporter: president obama is putting pressure on congressional republicans and he's enlisting middle class americans in getting the gop to take action on taxes. >> when
economy could experience a severe shock. that is if leaders in washington can't come up with a budget deal. scares of automatic spending cuts and tax increases could take effect january 1st. democrats moved by president obama and congressional republicans signaled they are willing to compromise on changing tax rates and spending reductions but the negotiations are moving very, very slowly. susan mcginnis is in washington with the latest. susan, good morning to you. >> reporter: good...
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nearly 45% of the city's economy is tied to defense spending. and in response to sea level rise, the navy has been replacing 14 piers at a cost of $35 million to $40 million apiece. >> sea level here is coming up for lots of reasons. there is no reason for it to go down. it just keeps coming up. >> reporter: larry atkinson heads the climate change and sea level rise institute at old dominion university. >> there is anecdotal evidence and there is real evidence that we have from the tide gauges we have. we can measure this. the science is simple. >> reporter: atkinson is part of a team of scientists the state of virginia has hired to study flooding. an early draft of the bill in the state assembly that funded the study drew criticism from some conservatives. the virginia tea party described the study on its website as: "more wasted tax dollars for more ridiculous studies designed to separate us from our money and control all land and water use." the final bill avoided the phrases sea level rise and climate change and won overwhelming bipartisan s
nearly 45% of the city's economy is tied to defense spending. and in response to sea level rise, the navy has been replacing 14 piers at a cost of $35 million to $40 million apiece. >> sea level here is coming up for lots of reasons. there is no reason for it to go down. it just keeps coming up. >> reporter: larry atkinson heads the climate change and sea level rise institute at old dominion university. >> there is anecdotal evidence and there is real evidence that we have...
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the fact is if there's another way to get revenue from upper income americans that doesn't hurt our economy, then would wouldn't he consider it? >> reporter: that's are publicly unchanged position was a deadline that's set. whether political theater or political reality, there's more mention going over the fiscal cliff could go beyond hypothetical. >> there's clearly a chance. >> i think we're going over the cliff. it's pretty clear to me they've made a political calculation. >> if they are going to force higher rates on virtually all americans because they're unwilling to let tax rates go up on 2% of americans, then, you know, that's the choice they're going to have to make. >> emily joins us live from washington. emily, the zinger sound bites, they're all piling up. what is the actual strategy behind all this political theater? what are you hearing from the republicans and from the democrats? >> reporter: you know, less than a month out now from going over the fiscal cliff. even talk about political strategy sounds an awful lot like posturing. we heard it from secretary geithner who said
the fact is if there's another way to get revenue from upper income americans that doesn't hurt our economy, then would wouldn't he consider it? >> reporter: that's are publicly unchanged position was a deadline that's set. whether political theater or political reality, there's more mention going over the fiscal cliff could go beyond hypothetical. >> there's clearly a chance. >> i think we're going over the cliff. it's pretty clear to me they've made a political calculation....
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. >> it is not leaving a strong economy, it is transforming the economy into a your -- european socialist. connell: thank you, monica. >> thank you. connell: we do have real numbers on the economy to talk about. today, we learned consumer spending is down for the month of october. not to worry says stuart hoffman. he joins us from pittsburgh. >> it is a deal when consumer spending falls. we should put it in context. in july, august and september contributors had a pretty good rebound. as you said, some of the hurricane sandy koufax did affect this number we will find out on monday whether the sales came back when they announced november numbers. if you average this out, we saw, even in our company, a decline in sales of our merchant services. we have seen more of a return to normal and i was encouraged, but i guess it is now black thursday to cyber monday sales look pretty good. connell: everyone says, all right, well, what if we do not get there in terms of this washington self that monica was just talking about and we do not have a deal at the end of the year. does that didn't stop us i
. >> it is not leaving a strong economy, it is transforming the economy into a your -- european socialist. connell: thank you, monica. >> thank you. connell: we do have real numbers on the economy to talk about. today, we learned consumer spending is down for the month of october. not to worry says stuart hoffman. he joins us from pittsburgh. >> it is a deal when consumer spending falls. we should put it in context. in july, august and september contributors had a pretty good...
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it's a consumer-driven economy. about 70% of the economy is consumer driven. and the other thing the president put on the table, i understand, is refinancing proposal. >> right. >> where people trapped in 7%, 8% mortgages can go down to 4% and 5% mortgages have money in their pocket. these are responsible homeowners to spend out there. so the republicans, i think they're brooding. i think they're upset. i think they're in shock over this election. and they are behaving badly in this sense. we can join hands and take care of the tax cuts for 98% of the american people. can you imagine if i told you, we were in an argument and i gave you 98% of what you want, wouldn't you grab it? this doesn't make any sense to the folks out there. and that's why the courageous republicans like tom cole deserve a lot of credit. but their leaders don't have the message. i don't know what they want. they want a presidential election do-over? that isn't going to happen. this was one of the major issues in the election. let's get on with it and help the middle class, ask the wealthi
it's a consumer-driven economy. about 70% of the economy is consumer driven. and the other thing the president put on the table, i understand, is refinancing proposal. >> right. >> where people trapped in 7%, 8% mortgages can go down to 4% and 5% mortgages have money in their pocket. these are responsible homeowners to spend out there. so the republicans, i think they're brooding. i think they're upset. i think they're in shock over this election. and they are behaving badly in this...
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republicans have to lead it because immigration is about growing the economy. >> secretary gutierrez, we know that you started that new super pac, republicans for immigration reform. we'll see how these ideas are accepted as we move into 2014 and to 2016. thank you for speaking with us this morning. >> thank you very much, sir. much more on our focus ahead. what about the women. the gop misses the mark with candidates, and we'll check in with that in the 10:00 hour. >>> israel wants to build more settlements in disputed territory. >>> hello. >> plus, how this little robot is making big strides in helping children with learning disabilities. there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and... is concentrated, so you could use less gel. and with androgel 1.62%, you can save on your monthly prescription. [ male announcer ] dosing and application sites between these products differ. women and children should
republicans have to lead it because immigration is about growing the economy. >> secretary gutierrez, we know that you started that new super pac, republicans for immigration reform. we'll see how these ideas are accepted as we move into 2014 and to 2016. thank you for speaking with us this morning. >> thank you very much, sir. much more on our focus ahead. what about the women. the gop misses the mark with candidates, and we'll check in with that in the 10:00 hour. >>>...
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they say the strike impact is winding and it's costing the national economy billions of dollars. once again, a lot of estimates here say we are talking about $1 billion a day being lost. we are talking about truckers and people not going to work each day as this continues. we are told almost everything has been agreed upon but the one pain issue which is the issue about whether jobs should be kept here when someone retires or whether they can be added someplace else. megyn: growing international concerns over a report that syria is readying deadly and widely banned chemical weapons for combat use. we'll talk about what those chemicals are, what they can do and why america and the world is so worried about this. we are getting a look at george zimmerman's bloody face the night he shot and killed trayvon martin. why didn't the defense get this picture earlier? a new report suggests president reagan's shining city on the hill may be a thing of the past. a look at how america has gone from number one to number 16 on the best places to be born list. and how our government policies may
they say the strike impact is winding and it's costing the national economy billions of dollars. once again, a lot of estimates here say we are talking about $1 billion a day being lost. we are talking about truckers and people not going to work each day as this continues. we are told almost everything has been agreed upon but the one pain issue which is the issue about whether jobs should be kept here when someone retires or whether they can be added someplace else. megyn: growing...
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we are not sure the economy will get better and it's kinds of every man for himself. alisyn: thanks so much. the economy is the focus of a debate in michigan where an historic employment bill is about to become law. mike tow tobin is live from chicago. >> reporter: the point republicans are trying to sell is this does not target collective bargaining. all the legislation does according to republicans is make optional union dues and union membership for everyone other than police and firefighters. union members say it attacks their foundation and in all places, michigan, the cradle of organized labor. >> you will have people that will be working right alongside of you that will not have to pay union dues that you pay union dues but will still be able to get all the benefits from being a union member. >> reporter: unlike the drawnout labor standoffs we have seen. this moved rapidly through the legislature during the lame duck session. republicans have the numbers. the demonstrations got ugly with eight people arrested and pepper spray. they insist republicans violated o
we are not sure the economy will get better and it's kinds of every man for himself. alisyn: thanks so much. the economy is the focus of a debate in michigan where an historic employment bill is about to become law. mike tow tobin is live from chicago. >> reporter: the point republicans are trying to sell is this does not target collective bargaining. all the legislation does according to republicans is make optional union dues and union membership for everyone other than police and...
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what we don't want to do is go the brink on the economy now and then threaten the economy again two months later. we have to deal with both problems together in the weeks ahead for the good of the economy. >> there's a cumulative psychological effect. if we don't deal with it quickly it builds. as you pointed out it's already starting? >> i think there's a modest effect so far. i don't think it's dramatic. it's incremental. the closer you get the bigger it gets and then it gets somewhat more serious after january 1st. the other side of the coin i wish this weren't so but to get movement, particularly on the republican side or on the tax cuts for very high end people which average, this is an average tax cut of 130,000 a year for people that make over a million a year in my view we can't afford that. to get that kind of movement we might actually need to go into early january, maybe the stock market fluctuates a bit, there's great concern if it's a big story in the media now it's an even bigger story. that could occur. i remember in '95 there was an impasse and the government shut down. new
what we don't want to do is go the brink on the economy now and then threaten the economy again two months later. we have to deal with both problems together in the weeks ahead for the good of the economy. >> there's a cumulative psychological effect. if we don't deal with it quickly it builds. as you pointed out it's already starting? >> i think there's a modest effect so far. i don't think it's dramatic. it's incremental. the closer you get the bigger it gets and then it gets...
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>> definitely still room to fix the economy. alison kosik for us at the new york stock exchange, thank you so much. >>> well, after weeks in hiding and on the run, john mcafee's bid for asylum in guatemala has been rejected. he may be deported back to belize. more on this bizarre case coming up. yep. the longer you stay with us, the more you save. and when you switch from another company to us, we even reward you for the time you spent there. genius. yeah, genius. you guys must have your own loyalty program, right? well, we have something. show her, tom. huh? you should see november! oh, yeah? giving you more. now that's progressive. call or click today. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. >>> well, you got to get your daily john mcafee update. you need a score card for this one. here we go. yesterday at this time we were getting reports that mcafee was rushed to the hospital from his jail cell in guatemala city. there
>> definitely still room to fix the economy. alison kosik for us at the new york stock exchange, thank you so much. >>> well, after weeks in hiding and on the run, john mcafee's bid for asylum in guatemala has been rejected. he may be deported back to belize. more on this bizarre case coming up. yep. the longer you stay with us, the more you save. and when you switch from another company to us, we even reward you for the time you spent there. genius. yeah, genius. you guys must...
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there are lots of ways to raise revenues without doing harm to the economy. lori: i have got to interrupt you here, why is the president so insistent upon raising tax rates for the wealthy? if you are point we don't necessarily have to do that to get meaningful revenues. melissa: it seems like religious or political on is part. this is a matter of an article of faith on the part of democrats and liberals to get rid of the bush tax cuts for the wealthy. they campaigned on it for more than 10 years now since it was enacted in the bush administration. they want to get rid of it. they ought to understand those are some of the most harmful economic ways of increasing revenues for the fiscal government. they ought to look for things that promote growth, not harm growth. lori: you laid it out. research rnc credits that will perhaps stop spending money on r&d until they get a firm idea of the credits they are entitled to. do you think this economy which is so fragile, weak jobs numbers, probably another bad one on friday. however as are we for going into a contractio
there are lots of ways to raise revenues without doing harm to the economy. lori: i have got to interrupt you here, why is the president so insistent upon raising tax rates for the wealthy? if you are point we don't necessarily have to do that to get meaningful revenues. melissa: it seems like religious or political on is part. this is a matter of an article of faith on the part of democrats and liberals to get rid of the bush tax cuts for the wealthy. they campaigned on it for more than 10...
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that would take us over the cliff, putting millions of middle class families and our already weakened economy in further jeopardy. >> negotiations will continue on capitol hill next week. president obama has said he wants to get a deal done by christmas day. >>> there is no way to avoid the elephant in the room. the gop knows it. so what do they need to do to change? what issues do they need to focus on? we'll talk about that next with amy holmes and maria cardona. >>> but first, brain teaser for all you political junkies. when was the first presidential election republican party won without a nixon or bush on the ticket? give it some thought. we'll have the answer for you on the other side. ter's hitting the streets to tell real people about our new 15 under $15 menu. oh my goodness! oh my gosh, this looks amazing! [ male announcer ] our new maine stays! 15 entrees under $15, seafood, chicken and more! oo! the tilapia with roasted vegetables! i'm actually looking at the wood grilled chicken with portobello wine sauce. that pork chop was great! no more fast food friday's! we're going to go to
that would take us over the cliff, putting millions of middle class families and our already weakened economy in further jeopardy. >> negotiations will continue on capitol hill next week. president obama has said he wants to get a deal done by christmas day. >>> there is no way to avoid the elephant in the room. the gop knows it. so what do they need to do to change? what issues do they need to focus on? we'll talk about that next with amy holmes and maria cardona. >>>...
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burns from the simpsons. >> think of the economy as a car and the rich man is the driver. if you don't give the driver all the money, he'll drive you over a cliff. it is just -- >> what actually will happen if america does head toward that fiscal cliff? and go over it even temporarily? cnn money's jean zahadi has been on this story from the very beginning. here is the question at hand. a lot of people are saying, what happens if we don't get a deal right by the end of december and we get into early january, maybe go over the cliff for a week or two? is that catastrophic? >> it doesn't have to be. there are steps the government can take to mitigate the impact of the spending cuts and the tax increases. but legislative and budget experts i talked to say that really assumes a lot of things. one, that congress will act quickly, which can it do if it wants to, but, you know, can they cut a deal in january that they couldn't cut in december? that's one question. january tends to be a slow legislative month, a lot of new members are getting acclimated. and frankly, you know, peop
burns from the simpsons. >> think of the economy as a car and the rich man is the driver. if you don't give the driver all the money, he'll drive you over a cliff. it is just -- >> what actually will happen if america does head toward that fiscal cliff? and go over it even temporarily? cnn money's jean zahadi has been on this story from the very beginning. here is the question at hand. a lot of people are saying, what happens if we don't get a deal right by the end of december and...
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we have a slowing economy. we have slowing economies around the world. but i was at a dinner with a bunch of ceos in washington who are interested and care about this fiscal issue on monday night. and they were talking about we're not hiring. we're allowing attrition to happen. we're holding back on big spending. we want to see what happens here before we go forward. what's interesting about this is that the consumer seems to have a different view. the consumer -- for the consumer so far, this has sort of passed by. i wouldn't say blissful ignorance, but it has not affected their behavior. you had a fairly strong set of economic numbers this fall. the housing market seems to have finally turned up after a period of obviously deep decline. and so consumer confidence, which is one of our best proxies for this kind of thing, has been turning up and really does not yet -- the fiscal cliff does not yet seem to have penetrated their consciousness. for those of us who were in stores over the holiday weekend, stores are crowded, people are buying, but it's only
we have a slowing economy. we have slowing economies around the world. but i was at a dinner with a bunch of ceos in washington who are interested and care about this fiscal issue on monday night. and they were talking about we're not hiring. we're allowing attrition to happen. we're holding back on big spending. we want to see what happens here before we go forward. what's interesting about this is that the consumer seems to have a different view. the consumer -- for the consumer so far, this...
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could get hit in the early part of the area if we go over the fiscal cliff, but the fundamentals of the economy are still good. >>> all right. apple stock dropped more than 6% yesterday. shares were down about half a percent in pre-market trading this morning. no concrete news pushing them down, but today there's another hearing in the patent case with samsung in california. and a tech research report generatored a lot of buzz that apple's tablet competitors could eat into its market share. >> interesting. >> thanks, christine. >>> well, the good news is, let's do the fiscal cliff and the good news. and it's not very much. but at least the two sides are talking, by phone. not face to face. house speaker john boehner and the president are hoping to break the fiscal cliff ice. now we're just mixing metaphors, left and right. speaking on the phone, 26 days left, of course, until we tumble over the cliff or slide down the slope or fall off the precipice or however you want to put it. we could, of course, face massive tax hikes, spending cuts. that's what the fiscal cliff is all about. it would all
could get hit in the early part of the area if we go over the fiscal cliff, but the fundamentals of the economy are still good. >>> all right. apple stock dropped more than 6% yesterday. shares were down about half a percent in pre-market trading this morning. no concrete news pushing them down, but today there's another hearing in the patent case with samsung in california. and a tech research report generatored a lot of buzz that apple's tablet competitors could eat into its market...